Military Home Buyer Program
MILITARY BUYER PROGRAM: VA LOAN
If you are an active, retired, reserve, or honorably discharged military serviceman, then one of the best loan options are available to you is a VA Loan. A VA Loan is issued by the department of Veterans Affairs and has a set of guidelines in which the following are key benefits:
- ZERO down payment requirement
- Lots of banks offer VA Loan program
- loan guaranteed by the VA on behalf of the service member
- NO PMI payment required (because of VA guarantee)
- virtually ZERO closing costs, appraisal, and origination fees required of servicemember
Because of your military service, commitment, and personal sacrifice, you are entitled to buying your very own home with NO MONEY DOWN, lower overall fees, and lower monthly payments. There is no other mainstream loan program that can come close to the above benefits. Period. Please visit one of our loan experts to go over the easy qualifications or visit the Veterans Affairs website at: http://www.benefits.va.gov/homeloans/
Originally, this program was born out of the 1944 Serviceman's Readjustment Act (aka, GI Bill of rights). The GI Bill provided vets with a federal guaranteed home with NO DOWN PAYMENT. The reason for this measure to was assist returning veterans from WWII transition easily into peacetime by enjoying the benefits of home ownership. Fast forward to today, and that premise is still in place as our American hero’s from Afghanistan and Iraq enjoy the advantage of transforming their military service into the pride and enjoyment of their own home.

